Packaging Corporation of America (PKG)
(Real Time Quote from BATS)
$214.39 USD
-0.11 (-0.05%)
Updated Sep 24, 2024 11:48 AM ET
2-Buy of 5 2
C Value C Growth F Momentum D VGM
Packaging Corp. (PKG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$207.17 | $219.00 | $185.00 | -3.42% |
Price Target
Based on short-term price targets offered by six analysts, the average price target for Packaging Corp. comes to $207.17. The forecasts range from a low of $185.00 to a high of $219.00. The average price target represents a decline of 3.42% from the last closing price of $214.50.
Analyst Price Targets (6 )
Broker Rating
Packaging Corp. currently has an average brokerage recommendation (ABR) of 2.14 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by seven brokerage firms. The current ABR compares to an ABR of 2.14 a month ago based on seven recommendations.
Of the seven recommendations deriving the current ABR, three are Strong Buy, representing 42.86% of all recommendations. A month ago, Strong Buy represented 42.86%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.14 | 2.14 | 2.14 | 2.14 | 2.14 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/16/2024 | Truist Securities | Michael A Roxland | Strong Buy | Strong Buy |
7/25/2024 | Wells Fargo Securities | Gabe S Hajde | Strong Buy | Strong Buy |
7/24/2024 | Not Identified | Not Identified | Hold | Hold |
7/18/2024 | Seaport Research Partners | Mark Weintraub | Hold | Hold |
7/8/2024 | Not Identified | Not Identified | Hold | Hold |
4/12/2024 | Exane BNP Paribas | Charlie Muir-Sands | Strong Buy | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.14 |
ABR (Last week) | 2.14 |
# of Recs in ABR | 7 |
Average Target Price | $207.17 |
LT Growth Rate | 5.80% |
Industry | Containers - Paper and Packaging |
Industry Rank by ABR | 93 of 253 |
Current Quarter EPS Est: | 2.47 |
PKG FAQs
Packaging Corporation of America (PKG) currently has an average brokerage recommendation (ABR) of 2.14 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 7 brokerage firms.
The average price target for Packaging Corporation of America (PKG) is $207.17. The current on short-term price targets is based on 5 reports.
The forecasts for Packaging Corporation of America (PKG) range from a low of $185 to a high of $219. The average price target represents a decline of $3.42 from the last closing price of $214.50.
The current DOWNSIDE for Packaging Corporation of America (PKG) is 3.42%
Based on short-term price targets offered by six analysts, the average price target for Packaging Corp. comes to $207.17. The forecasts range from a low of $185.00 to a high of $219.00. The average price target represents a decline of 3.42% from the last closing price of $214.50.